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Wall Street: Adobe shares soar 16% on higher annual revenue forecast

indiansolution2019 3 weeks ago

Adobe shares soared 16 per cent on Friday after the company raised its annual revenue forecast on higher demand for its artificial intelligence-powered software.

At 12:24 pm EDT, Adobe shares were  at $525.44, higher by $66.70, or 14.54 per cent on the tech-heavy Nasdaq.

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Published: 14 Jun 2024, 10:09 PM IST

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